SMH
Started by
allan
, Jul 27 2012 07:58 AM
4 replies to this topic
#1
allan
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Posted 27 July 2012 - 07:58 AM
I am starting to like this chart
#2
ogm
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Posted 27 July 2012 - 08:04 AM
Yes, it as surprizingly strong last ccouple days and really helped out the Nasdaq even as AAPL weakend. Not sure why, but its definitely working. I thought it would die a long time ago.
#3
allan
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Posted 27 July 2012 - 08:53 AM
Yes, it as surprizingly strong last ccouple days and really helped out the Nasdaq even as AAPL weakend. Not sure why, but its definitely working. I thought it would die a long time ago.
"Not sure why"
When it comes to trading the charts, I never ask why.
#4
arbman
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Posted 27 July 2012 - 08:54 AM
SMH has done this before near important tops and screwed with everyone's minds when the speculative money didn't know where to go. I was fooled a few times honestly. Look at NDX and RUT, is this how a phenomenal growth is supposed to be staggered like this cross the indices? Makes zero sense. I am selling this.
#5
allan
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Posted 27 July 2012 - 09:11 AM
SMH has done this before near important tops and screwed with everyone's minds when the speculative money didn't know where to go. I was fooled a few times honestly. Look at NDX and RUT, is this how a phenomenal growth is supposed to be staggered like this cross the indices? Makes zero sense. I am selling this.
I always respect your opinion., good luck with your trade. Lets see how the NDX trades as it approaches the gap area. The 60min chart is now extended.
